- forward contract merchant
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Under Title 11 U.S.C. Section 101:(26) The term "forward contract merchant" means a Federal reserve bank, or an entity the business of which consists in whole or in part of entering into forward contracts as or with merchants in a commodity (as defined in section 761) or any similar good, article, service, right, or interest which is presently or in the future becomes the subject of dealing in the forward contract trade.
United Glossary of Bankruptcy Terms 2012.
Glossary of Bankruptcy.